₦airaland Forum

The closeness to the true turn of events this guy mentioned makes me believe him more.

There were clear reports mid last uear that US govt restricted visas to a few members of the Niherian UNGA delegation. The government propaganda denied it. Later found to be TRUE

Thwre was also news then that the US president redused tibhave any meeting with the Niherian government despite many desperate attempts by the Nigerian delegation to set up one. The government people denied it but oater found to be TRUE

There were reports of diplomatic pressure on Nigeria to release the Binance guy ansld a few days later the court set him free. The government people fordt denied it but the giy was set free under health reasons...TRUE

All the 3 events above make me believe this story more than any spinning from the Nigerian authorities or their paid sympathisers.


The fact that he referred to the current people leading Nigeria as "muppets" is damning. Anybody who comes into contact with this set of current leaders quickly realises their emptiness,cluelessness and ineptitude.

Nigeria is in deep shit

I believe the Binance executive more.

Lol....forum mumu has come...

EmperorCaesar:
Useless claims from a useless person

He should be sued for defamation and asked to provide proofs

He waited till after 70000years to make such a bogus and hard-to-verify claim

Shame on the clown with a pig skin

Reno is doing his job. Dont think too much about it.

Lol... .....for your mind, you get brain?

Don use this your sense to cross road in the city o...if you try am.....your wake keep go loud gaan!

Chucks13:
That Gambariya is mad. Why didn't he said it when he was here in detention for us to loud it and shame them but talking now after escaping make no sense to me.

Lol.....I dont know all, sir , and I am open to learning. If there are factors that are in the public space that I am not privy to, I am willing to read them up. I have been an avid reader and student of international politics right from my early days(i used to help my father make good use of his old "Economist" magazine editions in the 80s by reading them up instead of him throwing them away)

If you can make the factors that I may not be privy to available to me, I would be grateful to read and learn more.

WantsandMore:
You seem super confident of your analysis. Lol. Don’t you think there are factors you’re not privy too which is a dilemma in it own self?

Jokers

.....what evidence? If you are sure of yourself....go to court

...lol...our legend mumu don come again.

LegendHero:
If you are caught for money laundering, the government can write the bank to place your bank account on a ban. How is that different from requesting Binance to ban the account? Are you this dumb?


Lol, if you scam someone or you launder money and the gov’t come for you. They’ll place a hold on your account, ban you, and then jail you. Do you mean they will leave a criminal account to continue operating?



It is not a matter of agree. We have jurisdiction to control anything within our space. If the government see Twitter is detrimental to Nigeria national security, we can ban them from our space. They will continue to operate in Nigeria but they won’t service Nigeria market except if you game the system by using VPN.



They are bound by Nigeria law so far they operate in our space. Do you know Binance also integrate with bank infrastructure? They have APIs, they have to conform to our SEC regulations. The moment they enter the Nigeria space, they must conform to our Nigeria law.

What is your level of education please?


Why is Yahaya Bello not in jail currently? Is it because he is not bound by Nigeria law? The law will first try him and if Binance official is not guilty, they release him. Tsefini.



They must report it and if NFIU catch them, they are subject to disciplinarian action. USA have the same thing and one of my guy with Fintech firm in USA landed in jail simply because of this same exact thing. They are Nigeria guys operating a fintech FX transfer firm that fail to vet their customer and fail to report to the USA government. They are in jail as we speak.




Lol, what will Nigeria be called for someone in USA? Are we not international?

You’re even dumber than I thought.

Lol..... ..comical

spiSeyi:
You don't what you are saying the CDS doesn't not represent himself alone as long as he is a serving CDS he is representing the presidency, the constitution and the sovereignty of the FEDERAL REPUBLIC OF NIGERIA.
If this can be done to the CDS it means the same can be done to whoever is Mr. President can Canada try the same with Egypt or SA Nigeria isn't that small Canada won't try that with the Kagame led regime of Rwanda. You can't compare the CDS with an average Nigerian it's just like comparing Mr President with everyone. Either Tinubu or not Nigeria sovereignty should be uphold learn to honor your country

Lol... ....some of you are high on cheap drugs.

1. How is this an injustice? The Invictus games is for injured men and women of lower ranks, not for Generals. Stay back home and do serious work instead of chasing estacodes. Other Generals are busy with serious work of protecting their countries, not junketing up and down to go and cheerlead lower ranks in goodwill games.

2......and why would Canada be jealous of success of fighting terrorism? How does that affect them?
To start with, what recent success? Same one where farmers still get killed daily by terrorists, schools raided by bandits weekly and regular kidnappings of military men on a daily basis in the North? Canada has a bigger fish to fry with US/Trump and dont have time for one inconsequential and degenerating shithole.

flokii:
Slamming Visa ban on a person is different from denying the person Visa.. don't allow your hatred for the man in power consume you to the point of supporting injustice against your country men and women.

One can as well interpret it that Canada isn't happy with the succeses recorded by the Nigerian Military in the fight against insurgency.

Legendhero has been found out to be a capital IGNORAMUS on this thread...

Helineus was found out to be an illiterate on one thread

Casuaobserver was found out to be a poorly educated and ignorant fellow on one thred

EmperorCaesar was found out to be a buffoon on one thread

One by one they will inadvertently expose their ignorance and buffoonery for all to notice.

Lol...dont let him know yet. Let him continue to dance naked.


DOGE is a US government set-up under its jurisdiction. BINANCE is a private entity.

jaephoenix:
Can you expatiate on the bolded

Lol....the guy called LegendHero is an illiterate pretending to have any knowledge. The funny
thing is some people on Nairaland are hailing him, thereby giving him false impression of being knowledgeable.

Ojuntana:
Binance does not operate under Nigerian laws. Stop writing rubbish.

So why have we not taxed Binance? How much did Binance pay as tax to Nigeria last year? Can you give the figure? What is Binance's Nigeria shareholding and corporate structure?

All you need to know if you are making sense is to compare the Twitter saga with Binance. After Nigeria banned twitter, did Twitter open an office in Nigeria or start paying tax? Were Nigerians not accessing twitter using VPNs?

Nigeria can ban binance from transacting within the Nigerian space and not from transacting with Nigerian citizens. Nigerians still have millions of dollars on Binance till today despite all the fracas that happened.

Binance cannot be subject to SEC and CBN regulations when they are not a registered entity in Nigeria

Go and read up on what is called jurisdiction. Jurisdiction starts from having physical presence and legal existence. You are so offpoint
So has Nigeria received any data from Binance since then?

What Ribadu and co did was a shakedown and not law enforcement. Go and read what Gambaryan wrote on his page. That's why Kenya refused to extradite Najeem to Nigeria

Lol...I hope no one is reading what this ignoramus is writing and accepting it as knowledge.

First off, according to International data privacy conventions, countries only have jurisdiction on data where the servers from which the information being requested are domiclied in such a country or terminated in such a country. For instance, if I operate a business in Guyana and my servers are resident there but I have customers who use my services in Nigeria but such services are accessed using a private medium(e.g. VPN) that is not domiciled in Nigeria, the Nigerian government has no right to request for any private information of my customers, even if they are residents of Nigeria. That has been established. That is why most countries request for an onsite server for most internet based entities. The moment dude stated "online and offline", I knew he was a complete ignoramus at that point, with no idea of what he was writing about.

The Binance guys were right, they knew International law more than the buffons parading as security/intelligence operatives on Nigeria, including the NSA. So long as their servers were not domiciled in Nigeria, they have no obligation to hand any info to Nigeria's govt.

On China, I know China has restricted (not banned) the use of Face book/Twitter/Whatsapp and a host of other American/Western apps in China but you could still access them via VPNs so long as they are VPNs with servers in China(i used this). The reason for the restriction was because China asked that the servers of those companies be domiciled in China and access for data made available to the Chinese government but they refused.

LegendHero:
They ban it in their country. You have the right over what Binance does within your territory whether online or offline.

If Nigeria customers use Binance, then we can question Binance and request for data on matters of national security. If they fail to respond, we can use the court to ban their activities from our county and they must comply’!

@the bold, did Nigeria ban Binance operation in USA? Why are you asking primary 2 level question?

Bro...I marvel at how people just believe anything coming fron the government sources without even putting their brains to work by doing a small veracity or reasonability check.

They came out to say subsidy had to go because Nigeria was using 97% of earnings to service debt snd it was because Buhari birrowed too much( was shocked that some supposed learned people carried on with this lies). But nobody has asked what percentage of earnings is now being used to service debt now that Tinubu has borrowed far more in 2 years than Buhari borrowed in 8 years. Nobody has thought it necessary to see that Tinubus government was bandying lies up and down to hide their ineptitude.

Truth will surely come out when he is booted out in 2027.

Ojuntana:
You don't know that this govt does not rate their supporters at all

They told them that Buhari was borrowing $20bn every year to subsidise fuel and the fools believed it!

This is one more reason not to believe any rubbish coming from government sources.


The man who boasted of getting the best brains to manage the economy has suddenly found out that they are inept and clueless

Lol.......an illiterate below

LegendHero:
Nigeria have the right to demand user data and that is not Binance business what Nigeria chose to do.

Trump currently is using DOGE to get data from all agencies and using it to expose opposition democrats.

Will Binance deny Trump access if he need American data to nab democrats?

If we have intel that opposition are purposely committing economic terrorism through Binance, we have the right to ask for data.

Lol....Spot on. I have been saying this here for nearly 2 years. The "floating" of Naira was a miscalculation disguised as reforms. Someone or some people gave the government a wrong advice, and Tinubu, being a someone who does not camly review things, in his quest for personal glory, just like for many things he knew nothing about but took as his personal achievements, rushed to devalue the currency. They did not expect it to get this terrible. A pointer to that is when both the Minister of Finance was boasting that Naira would not ecred 700/800 if it was "floated"....it is been 1700 for nearly 2 years. They dismd not think it deeply. They miscalculated.

I knew all the narratives that came after about people manipulating the exchange rates or saboteurs destroying naira value were manufactured by the government to cover their ineptitude.

As well, all the stories about Buharis govt using $2billion to defend the Naira monthly as a justification to "float" naira were nothing but hogwash to hide away their cluelessness after the initial blunder. I dont believe anything this govt says.

More truth will come out after this government is booted out

Lol....If they deny him, nothing will happen. Make Ojo no go disgrace himself

In serious countries, the Chief of Defence staff, a career military leader, carries more weight in diplomacy than an interior minister who is a politician....Google General Mike Milley of US Admiral Radakin of UK, etc, for confirmation. If they coukd deny your Chief of Defence staff, your highest ranked military man(a potential head of state if a miligary coup happens) who is Olubunmi Ojo?

TheRareGem1:
..


Remain him? Interior minister? Denied him visa? Who dares? The one in charge of entries, and exit. Do you people reason at all before you comment? Just spew trash.

Lol....lack of respect for Nigeria? Does any serious country still respect Nigeria?

Lol....dreamer. Your knowledge is limited. Nations are viewed and regarded according to their political economic, military and leadership strengths. Chikena!! All those sports,arts and entertainment are just for extrinsic entertainment value only when serious Nations are being considered. Nobody invites you to G7/G20 just because your country men won the world cup or one of your own won the grammy award in music or the Oscar in movies. You actually dont know anything about global politics. Even in Business and Investments, Nigeria is not the hotpspot for such in Africa ,talkmore of the world(check the value FDIs to African countries in the last 5 years). Rwanda is even ahead of Nigeria on that index. Google is your friend on this.

It is not about sitting on your lazy bum, reading myopic Nigerian dailies and assuming you are a giant on social media,Nigeria as a country is a joke right now. The world notices the direction a country is taking before considering how serious they are and the type of leadership you have is a critical contributor. You cant vote in corrupt and inept leaders and expect an open arm all the time. They have started showing how useless you are by denying your senior officials visa. The whole world has Tinubu's file, he can only do all the bravado to myopic people like you in Nigeria. He is a criminal to the outside world..

Your knowledge of international politics is limited and your value accretion system is warped too, to worsen it.

EmperorCaesar:
And when you still had that image, was the whole world paying us homage every week for that?

Guy rest

We excel in Entertainment, Sports, Business and investment and thats how the world sees us

You think a country is being rated by the past deeds of their president? Jokers everywhere

Does Nigeria still have any image ? After voting in a retired drug bagman who forges certificates and loots with glee, the world took notice of how useless Nigeria has become. Image completely vanished.

LagosOrigin:
This is a huge dent on the Nigerian image all around the world

I hope president trump slams visa ban on all the people involved in this disgrace and their principals behind the scene inclusive .

How? ....with the lamentations and the tears since yesterday?

Imagine the type of undiplomatic and uncouth language coming from an NSA just because of mere visa refusal...lol. E pain them

EmperorCaesar:
Did you even read?

Its the Canada high commission thats responding here...NSA and co have moved on

Lol....you are quoting Nigerian newspapers. Go and read about the Richard Rufus story and the ponzi scheme Matthew was involved in. He ran awaybbefore investigation was concluded. If they born him well, let him enter UK today. Bloody scammer

Therebis a reson he ran back to Nigeria to get involved on real estate, another way of scamming people.

hisexcellency34:
He still lives in UK. Only removed from his role then

Lol...dem no born am well!!

hisexcellency34:
Says who? He preached this message in UK

Lol.....do you even understand the gibberish you have written below, yourself?

And If I may ask, where did you get the story of just $7bn only being available and the $500m story from? Government sources abi? Lol....your case is hopeless, there is no point trying to engage you. If someone cant take a piece of information and go and do an independent review of it on his own to be sure what is being said is correct or not but swallows hook, line and sinker, that is the true dedinition of a simpleton. That is you.

By the way, let me refer you to IMF Board report on March 2024 on the Nigerian fake reforms embarked upon by this failure of a government. Maybe that will open your eyes. There was also another article on it on Reuters, where they called it "directionless". There was a reason IMF came out in October/November 2024 to say the reforms were not working and would not work. They.were not capping. I dont read or get knowledge from comments on Nairaland, i do deep research. Its my field.

By the way, the target audience of my comments on China understood my response and its superiority over the thinking that China "weakened its economy" deliberately. Only dafts will struggle with that.

You can avoid me as you said, but it is your loss. You will only lose knowledge.

masseratti:
Oga go and rest you nothing but a semi illiterate...you know nothing about the topic you writing about and you are ranting all over the thread,I won't waste my time discussing the dynamics of currency evaluation with someone like you ,who knows next to nothing about Macro Economics,from the rubbish you wrote replying someone about China etc ,it clearly shows you know nothing.just one question how did you want the Federal Government to keep the value of Naira at what is was in 2023 at it's level when all the forex the government can have access to is not more than 7 billion USD,CBN uses 500 million USD to keep it at the rate they peg it meanwhile in the black market ,which is the true economy rate of the currency it's a difference of 70%,I know you won't understand all written because you are myopic and it seems you are ITK ...if you quote me again I will just ignore you..be blissful in your ignorance.

Lol...Did anyone consider this criminal a prophet before? .

There was a reason this man scrammed from UK due to tax evasion cases. If he dare stepped into the UK today, he will be in jail the next minute. Agba scammer!!

It is only in Nigeria where criminaks come to hide and get revered.

Lol...Biodun, ani go back to school seh.....or stop posting on topics beyond your reasoning capacity.

Biodun556:
Why were some of you shouting that Tinubu was depleting foreign reserve when dollar went back to 800 naira from 1800 naira sometimes ago?

Lol....responses akin to musings of a daft.

1. What is being realistic in someone looting and giving you stipends to celebrate? That is a beggar mentality. The same that has got you from a country that was a centre of atrraction in investments and tourism to a pariah state being classed among the world's worst. Mumu realism.

2. What you should be focused on is to eliminate that type of a situation or minimise it to the barest level. Mentioning that lots of people even steal billions and grt away with it shows how perilous and hopeless your nation is. It is a shame you are even happy one out of the lot remembered to give you stipends out of the loot. You have all been so brain-buttered to praise worshiping your oppressors to the extent that you have accepted it as a norm with people stealing and getting away with it.

3. Now this paragraph got me so hilariously reeling....( at this point I knew this was a dreamer/illusionist). Starting with Singapore, go and read through their economic developmets from 1965 when they brike from Malaysia and the roles US and Japan played in making them what they are today. Not sure you read more than passing comments of their recent history, from your commets, it is obvious you know little about that. Singapore did not chose a certificate forger and an ex drug man as it s leader. It mever chise the worst of their polulation to lead them

South Korea? Again, you know little about their development. Take USA's cold war geopolitics out, South Korea would be ranking eith either Myanmar or Vietnam in economic development. Do you think it is just coincidences that US has most of its military bases in whole of pacific/Asia in Korea? You know nada. Nigeria does not have dame privilege. Miracles dont just happen like that anymore

Rwanda? In what terms would any sane human being put Rwanda on the same oedestal of comparison or measurement with Nigeria?? . What exactly has Rwanda tuened around other than having a dictator as their leader? You dont know anything about geopolitics and its obvious you are just grappling at examples you dont have any idea about to press home your daft points.

Nigeria can not and will jot turn anything around... not in your generarion and 5 more of them to come.

MIKOLOWISKA:
you want question or you want solution
Your betters have been asking question for 63 yrs with nothing to show but go on, waste another 63 yrs asking questions instead of being realistic

You think say na Hollywood abi





while some didn't even buy pure water and Retired with billions in loot
Who lose
You think Say na by grammar

Continue



worse countries have turned it around
Plenty hope for Nigeria
Ask Singapore
Ask south Korea
Ask Rwanda
They were worse than us
We'll be fine if we do the needful

Correct!!!... economy is dollarised.

USD is a currency of choice,even in Nigeria. If they ever advised anyone to devalue his currency to stabilise it, that person should have known that, as long as USD is preferred to local Naira, the devaluation will have a double negative impact. People will work hard to get naira to buy the few USD available because certain transactions are better conducted in USD, even in Nigeria now, the USD is a better store of value. So why were you dumb to allow for devaluation ?

hatchy:
Check the trend....this is where it was as at this time last year....
Dollar will start it's rise against the Naira from March and April. The Naira will lose much of its value this year because of Politicians buying off FX for election in 2027.

More hard and difficult times ahead.
Brace up for Impact!

Lol....oh...did you think I would get into a discussion with someone so shallow on this topic before?

Anyone who thinks that devaluing Naira in 2023 was a right advice, when Naira was subjective to USD even in the Nigerian economy, woth low export mechanism, without first sanitising the financial system to de-dollarise the economy, and with so much excess liquidity of Naira to chase the scarce USD, that person should go back to cattle rearing or moi moi hawking.

100 million times over, it will always be the wrong-est advice.

masseratti:
No vex I can't have any discussion about this topic with you because it's a waste of my time .so I will do the honorable thing.. yes you are right...good night.